Take care of your money and learn to save.

[khiholangkang]

Good basic thinking basically we should not spend money carelessly, we need to detect the needs that may come into our lives in the future, actually in life there will definitely come problems and many of the problems need money to solve them, therefore it is important to set aside our money to save, as an emergency fund or whatever it is, in fact when we have money every problem that comes can be easily solved or not worry about money problems when problems come into our lives.

But on the other hand, besides saving, we need to look at the gap between needs and income, if our income is not sufficient, the solution is not only to save or invest but how to increase income to cover needs so that we can have money for emergency funds and invest.

It is true that spending money carelessly is a problem, but at the same time people are keep forcing the regular people to live frugal life instead of seeing the real problem; companies becoming greedier.

Do not drink starbucks every morning, do not get your avocado toast, do not buy the new iphone, do not go to a vacation you can't afford, do not get all the subscriptions, do not get ... and so forth and so forth while the rich guy just spends 10 billion to shoot himself to space, I am sorry but wtf is wrong with people that we are taking the last ounce of happiness life provides to these low to mid level income people, and not looking at the reality that corporations make tens of billions of profit while not giving their workers any proper raise? That is the real problem.

Wages are way too low right now, and as long as that is not fixed, you will get poorer and poorer, eventually they will tell you that eating three times a day is bad, and you should eat twice, because that is what you will be able to afford anyway with the money these companies pay us.

Yes that's true too, but we can't look there, look at the side of billionaires who have a harder struggle when building their wealth, they are more willing to spend money to build businesses so that they get a lot of income and employ many people who are standardized in salary, and I think they also went through something like that before becoming billionaires who can spend money easily today, so it's not balanced to look that way if we are their workers today.

I agree with your last paragraph that today's salaries are too low to make ends meet, due to inflation and a bad monetary system both in the labor force that makes it very difficult for us to save most of our income, hence many of us have two or even more jobs to be able to save and invest.

[jaberwock]

I once heard a saying that the more money the more friends and friends are more valuable than money but I have a principle that the more money, the harder it is to choose friends and money is more valuable than friends. Money can select friendships so that we can have a quality life. Taking care of your money and learning to save is the right choice, because the benefits will return to ourselves. When we save indirectly we learn to appreciate money so we can use it well according to our needs, not just our desires.

That principle you heard is true. We know people, we are mostly attracted to money more than anything else. It is like money is a big magnet and people will just get magnate if you have lots of it. Money is only a paper or a coin, etc... but a friend is a person, so yeah that they are more valuable but there is an exception to that of course for some people. They are still choosy when it comes to making a friend and they don't care if they will have less but as long as those friends are true to them and they have other qualities that they also like. Not to be harsh but your principle or your standards sound high and something tells me that you can ignore poor people easily.

[dezoel]

Money is for human, human is not for money. First of all, it is necessary to understand, I don't deny the truth of how important money is in today's era, indeed, today, relationships, and friends are all about money but it is also true that not everyone is with you for money, there are some sincere relationships that you have received from the grace of God or who are with you in return for your goodness. Seeing everyone as if they're only in it for the money makes you feel completely isolated and rude I have seen so many rich people who have lots of money and all the comforts but they don't have peace of mind, they don't have any real relationship, they don't have any friends that they want. Can you understand the state of their heart or share their joys and sorrows with them? They are completely alone inside and their countless money is of no use to them because money cannot buy relationships or feelings.

Realizing the importance and utility of money over time is a very good thing and thinking about your future and saving it can be a very good thing too, but looking at one from the point of view that it is with me for money. If it's not money, it won't happen. This thing can make you mentally ill.
Some things are done according to age. The joys that we can enjoy in youth, we cannot have in old age. No matter how much money we have, everything is good in its own time, so with our money, our present life should also be made good and should be saved for our future, but first of all, the life we are living should be made better.

[Oneandpure]

Realizing the importance and utility of money over time is a very good thing and thinking about your future and saving it can be a very good thing too, but looking at one from the point of view that it is with me for money. If it's not money, it won't happen. This thing can make you mentally ill.
Some things are done according to age. The joys that we can enjoy in youth, we cannot have in old age. No matter how much money we have, everything is good in its own time, so with our money, our present life should also be made good and should be saved for our future, but first of all, the life we are living should be made better.

Money is very important side for every one round the world who spending more than 24 hours working to earn much money and try to make better their future life. I think need to be smart with money management which one have spending and how much percent allocated for every side or our needed. But some people forget enjoying their hard working and keep spent money for saving assets indeed have to face most standart life level, indeed have to spent for saving assets to be better our future condition but we must spend money for enjoying what dreaming to buy exactly we come from difficult financial condition.
Actually our life is too short and don't make all your money as saving assets without enjoying yet, make planning based on assets having how many years for enjoying and use half spend for buying most important in your life.

[slapper]

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

While you’re minimizing your spending, know that you can’t become rich just by saving money. Or maybe you can but not for wealth. And temporary riches isn’t what  you want, so you need a better plan that is bigger than minimizing one’s spending.

Agreed. Saving will not make you rich because of inflation. We live in an era where understanding the concept of leverage is very easy, easy to obtain and easy to learn. So to create wealth and financial freedom is not as difficult as many people believe. Building wealth and remaining financially stable indefinitely is much easier with the right information. Participate in investments as this is the only right approach to earn high income and remain prosperous indefinitely. You just need to adjust your expenses according to your income. In essence, frugal does not mean stingy.

My aunt was very frugal but invested in land. Now that he is gone, we, his children, are happily reaping the fruits of his labor. That's the generational wealth we gain, to ensure your children and your future children and grandchildren have a good starting point. So take care of your money and learn to invest, especially in bitcoin.

Hard to prioritize savings since we could be defeated by inflation with that and there's nothing will happen to our money if we just decide it especially on banks since they are the one who will earn a lot of money from our savings while us they just give small compensation which is not totally reasonable amount.

Much better if we use our money to invest on multiple options since for that we could able to get a lot of income streams then the only one we need to separate is the emergency funds and educational plans for our child so that we can live a comfortable life in future. Your aunt is so smart for determining what's best for his money and he really see the result which his child is benefiting from his investments made.

Inflation stinks. Nobody likes seeing their money slowly disappear. Banks aren't the enemy. They contribute. Savings won't make you rich, but it's a safety net. Consider that low interest rates cost peace of mind. You must stretch your wings to grow. Consider cryptos, bitcoin, and high-yield savings accounts to stay up with inflation

Who doesn't want their money to work for them? But there's risk. Crypto and stock markets rise and fall. It's wild. So, two things: First, that emergency fund? Vital. Second, everyone's situation varies. You comfortable with how much risk? Your big goals? The investing plan must match you

[dunfida]

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

While you’re minimizing your spending, know that you can’t become rich just by saving money. Or maybe you can but not for wealth. And temporary riches isn’t what  you want, so you need a better plan that is bigger than minimizing one’s spending.

Agreed. Saving will not make you rich because of inflation. We live in an era where understanding the concept of leverage is very easy, easy to obtain and easy to learn. So to create wealth and financial freedom is not as difficult as many people believe. Building wealth and remaining financially stable indefinitely is much easier with the right information. Participate in investments as this is the only right approach to earn high income and remain prosperous indefinitely. You just need to adjust your expenses according to your income. In essence, frugal does not mean stingy.

My aunt was very frugal but invested in land. Now that he is gone, we, his children, are happily reaping the fruits of his labor. That's the generational wealth we gain, to ensure your children and your future children and grandchildren have a good starting point. So take care of your money and learn to invest, especially in bitcoin.

Hard to prioritize savings since we could be defeated by inflation with that and there's nothing will happen to our money if we just decide it especially on banks since they are the one who will earn a lot of money from our savings while us they just give small compensation which is not totally reasonable amount.

Much better if we use our money to invest on multiple options since for that we could able to get a lot of income streams then the only one we need to separate is the emergency funds and educational plans for our child so that we can live a comfortable life in future. Your aunt is so smart for determining what's best for his money and he really see the result which his child is benefiting from his investments made.

Inflation stinks. Nobody likes seeing their money slowly disappear. Banks aren't the enemy. They contribute. Savings won't make you rich, but it's a safety net. Consider that low interest rates cost peace of mind. You must stretch your wings to grow. Consider cryptos, bitcoin, and high-yield savings accounts to stay up with inflation

Who doesn't want their money to work for them? But there's risk. Crypto and stock markets rise and fall. It's wild. So, two things: First, that emergency fund? Vital. Second, everyone's situation varies. You comfortable with how much risk? Your big goals? The investing plan must match you

Really that impossible that you cant really be able to realize those things that saving up your money on banks cant really make you rich and instead of being stagnant then you would really be possibly be thinking that making use of those funds on putting it up on something more better when it comes to earning money or profits and this is why people would really be having that consideration on making some step forward on making some investment instead on putting up too much on savings which it isnt a bad option but of course it would really be still ideal that you should set aside on having some fiat to be stored in the bank for emergency purposes.
As for inflation then this is something that would really be inevitable and this is why it would be that a wise thing for you to have such move on trying out to make investment or having that other income source.

Dont wait up for yourself to be on a struggling condition before you would really be making out such step because the earlier the better on where establishing yourself wont really be that a short time period.
So starting it out as early as possible.

[Natalim]

...
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

Unfortunately, this is the truth for most of us... when we have huge earnings, we also increase our expenses which still end up with no savings but a possible debt.
 
Fund management is commonly a problem for the majority. We think about savings but nothing happens due to unexpected expenses. So many people remain poor due to a lack of financial management education and risk appetite. Usually, we don't have a long-term plan, so only a few people take risks in investing while the majority rely on their job's salary.

[Maslate]

I once heard a saying that the more money the more friends and friends are more valuable than money but I have a principle that the more money, the harder it is to choose friends and money is more valuable than friends. Money can select friendships so that we can have a quality life. Taking care of your money and learning to save is the right choice, because the benefits will return to ourselves. When we save indirectly we learn to appreciate money so we can use it well according to our needs, not just our desires.

That principle you heard is true. We know people, we are mostly attracted to money more than anything else. It is like money is a big magnet and people will just get magnate if you have lots of it. Money is only a paper or a coin, etc... but a friend is a person, so yeah that they are more valuable but there is an exception to that of course for some people. They are still choosy when it comes to making a friend and they don't care if they will have less but as long as those friends are true to them and they have other qualities that they also like. Not to be harsh but your principle or your standards sound high and something tells me that you can ignore poor people easily.

Yes, where there are money, a lot of friends will flock into you. That is not surprising anymore as anyone can attest to that. However, instead of using our money to attract friends, why won’t we use it to attract potential investments that will somehow guarantee some profits, that way we can save a huge amount once that investment works and progress.

Money is not everything, but it’s indeed a very important factor for a human being. Without it, one will not survive from all its daily struggles and challenges. This is why if you already have the money, use your mind so can utilize your money well. Do not just focus on saving itself, but learn to invest as well so that you will have something to use and benefit in your old age when your body is not capable anymore to provide you money.

[pusaka]

...
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

Unfortunately, this is the truth for most of us... when we have huge earnings, we also increase our expenses which still end up with no savings but a possible debt.
 
Fund management is commonly a problem for the majority. We think about savings but nothing happens due to unexpected expenses. So many people remain poor due to a lack of financial management education and risk appetite. Usually, we don't have a long-term plan, so only a few people take risks in investing while the majority rely on their job's salary.

Well, actually this is wrong logic, but it is embedded in people's mindset. They always say that our income will be proportional to our expenses, or that when we have a large income, our expenses will increase too. Even though it is not the amount of our expenses that becomes large, it is our prestige or increasing our standard of living.
When we have a low income we can get by with that, so when we have a much higher income why don't we save or set aside money? that's the question. Logically we should be able to set aside money when we have a much higher income, right? This is the problem, because sometimes, as I said before, our human instincts will work because our prestige will be greater and we will also raise our standard of living which we should not have done.

[Fara Chan]

We love to spend money. Every day we buy many things but there is no need to buy this. This is the most important rule of saving. There is an art to spending little money. If we don't know this, we won't be able to have a lot of money. Let's calculate how much money we can spend in one week on unnecessary things. This is savings! Techniques will not work if we do not learn to do without some things

Everyone definitely has their own technique for making savings efforts in their own lives, because we will not be able to equate our own needs with the needs of other people even though those other people also live in the same country as us. This means that in terms of living needs, there will always be differences between one person and another, especially if the other person does not live in the same country as us, so the techniques for making savings efforts will also be very different from what we do now.

You can make savings by looking at unimportant expenses every week, but for other people this may not be effective enough, because they sometimes still need to look at them on a day to day basis. Apart from that, people who cannot avoid basic necessities which are sometimes becoming more expensive will also make it difficult for them to fulfill these things so that they also cannot make savings if they do not have other sources of income in their lives to be able to make savings.

[legendbtc]

We love to spend money. Every day we buy many things but there is no need to buy this. This is the most important rule of saving. There is an art to spending little money. If we don't know this, we won't be able to have a lot of money. Let's calculate how much money we can spend in one week on unnecessary things. This is savings! Techniques will not work if we do not learn to do without some things

Everyone definitely has their own technique for making savings efforts in their own lives, because we will not be able to equate our own needs with the needs of other people even though those other people also live in the same country as us. This means that in terms of living needs, there will always be differences between one person and another, especially if the other person does not live in the same country as us, so the techniques for making savings efforts will also be very different from what we do now.

You can make savings by looking at unimportant expenses every week, but for other people this may not be effective enough, because they sometimes still need to look at them on a day to day basis. Apart from that, people who cannot avoid basic necessities which are sometimes becoming more expensive will also make it difficult for them to fulfill these things so that they also cannot make savings if they do not have other sources of income in their lives to be able to make savings.

When it comes to saving, most people will think of stopping spending on non-essentials, but what are non-essentials when we only spend on basic daily needs? Instead, why don't we find ways to increase our income? That will help us spend comfortably and help us save more easily. Not only knowing how to save but not thinking about how to increase your income, your family will fall into difficulty when you focus too much on saving and spending stingily. If we focus too much on planning to save money, it will only make us more tired of life. Instead, it would be better if we looked for ways to increase our income.

[knowngunman]

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

Permit me to use this famous words "spend your money wisely, you have a family to care for and not a society to impress". Money has become a control tool in this recent generation and that's why people are going extra length just to acquire this money. It allows you to control people, earns you respect and value. If you are opportune to acquire money, it's very important to make use of it carefully by  investing in potential assets both physical and digital assets if you don't want your condition to become pitiful in the future.

Sadly, the world we live in today does not recognize average people but rather give attention to influential people starting from households to society in general. Majority of these people around you are not after your personality but they are there simply because of the wealth you possess. This makes it more necessary to take good control of your money because you will lose everyone once you lose the money. The reason why rich people keep investing to make more money is because they don't want to lose their relevancy in the society. Money is a powerful force if you have it but without proper management, you will definitely lose it some day. Spend and invest wisely.

[OrangeII]

...
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

Unfortunately, this is the truth for most of us... when we have huge earnings, we also increase our expenses which still end up with no savings but a possible debt.
 
Fund management is commonly a problem for the majority. We think about savings but nothing happens due to unexpected expenses. So many people remain poor due to a lack of financial management education and risk appetite. Usually, we don't have a long-term plan, so only a few people take risks in investing while the majority rely on their job's salary.

Yes, sometimes when someone has a lot of money and income, they feel that it will last forever, so they don't manage their finances well. Things start to get messy when their income starts to decrease, but they have quite large bills or large living needs. Without good management and good investment, this will little by little lead to bankruptcy. I have seen this happen to many people around me. However, financial management is something that needs to be done from the start.

[Gaza13]

Saving money is easier said than done thanks to the unpredictable nature of life. People who have lots of money usually can survive well even if they don't save their money properly.

However, the same cannot be said about people with small-medium amounts of money. Money management is a tough skill to master, but it's worth it at the end of the day.

It is true that money rules this life, without having money we will not be able to survive. I agree with what you said, it's true that life is unpredictable, Do you believe rich people don't keep their assets like money well? In my opinion, it's impossible for rich people not to think about their money, they will definitely think about it in order to look after it well. If I look at it, it seems like the lower class are the ones who have difficulty saving because they don't have a permanent job, I think the middle class doesn't seem to have any difficulty. This one skill saves their usng.

[mvdheuvel1983]

People's financial situation is not always the same as we have enough money now but in the future we may not have enough money to spend. Now we have enough money so now I will go out of my way to spend money as I want for no reason then later when I don't have enough to spend but no one else will give me money to spend. It is a fact that as long as you have money and as long as you spend money behind others people will speak for you and people will be with you but if one day you want to walk with them without spending money then you will find no one to walk with. Since money brings people closer and money drives people away, money should be given the most importance. 

The amount of money that we are earning now is divided into several parts and the remaining money is the money but if we want we can invest or save so that if there is a financial crisis in the future but this saved money will support us well. 

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

Money should planned for, we don't have to spend recklessly because we have it at the present, have we ever think about it if we don't longer have the money, money draw friends close as you have already said but absence of money does the opposite.
Money have to be invested into something meaningful, am not an advocate to saving money, although we can have a little savings for ourselves but the major thing should be investment, investment is long-term venture, when you invest your money, you are building a good future for yourself and you unborn children, I didn't say that savings is not good but I think having your money in the investment is better than keeping it in cash that's why I will always support investment, money should have a good channel to multiply, it should not be stagnant without yielding profit.

[pinggoki]

Thanks for the advice Captain Obvious but there's something about this thing though, it's not easy to do it if you're living from paycheck to paycheck and you've got bills to pay, how can you take care of your money if you don't have anything left whenever you're getting paid? That's difficult to do for some minimum wage earners, maybe you can do it much easier when you're with someone since you've got a combined money and that additional money for you both can be a good way to survive and make some extra money which you can choose to invest or just plain save with no growth or interest.

Our lifestyle is different for each individual and so most advice have a 50/50 chance of becoming effective, say for example, the advice of stop spending money on stupid stuff, might not work if that person is a poor or doesn't have a lot of money and they spend a lot of money in clubbing and might work when it's the same person but not having any money to spend on clubbing.

[Razmirraz]

When you talk about money in your present and future life, you need to prepare early before the worst times in your life come, every time you spend money you need to pay attention to how much is spent and how much is left. Arranging financial management is very necessary to maintain financial stability in the future, you must be able to be your own bank so that you don't spend too much money.

In this life there is always drama in it, you have to be a director to find out who has been hiding behind falsehoods and who has been a good friend to you. Never forget friends who always support you and help you in difficult times, they are true friends for you, whatever happens to you, they will never leave you when you are in a difficult situation.

[Mame89]

When it comes to saving, most people will think of stopping spending on non-essentials, but what are non-essentials when we only spend on basic daily needs? Instead, why don't we find ways to increase our income? That will help us spend comfortably and help us save more easily. Not only knowing how to save but not thinking about how to increase your income, your family will fall into difficulty when you focus too much on saving and spending stingily. If we focus too much on planning to save money, it will only make us more tired of life. Instead, it would be better if we looked for ways to increase our income.

Agree. The mindset that by saving our money will increase or become rich must be eliminated from now on. because what is clear is that saving does not make us rich due to inflation every year so that we lose value. So save for your daily needs and allocate the remaining emergency funds for investment, not for buying things you don't need. This is not stingy but this is to create financial freedom in the future. If we are smart about finding additional work that increases our income, of course this is better so that we can spend on the things we need to enjoy life, but not everyone can easily earn more income, people's skills are of course different. In essence, whatever your income, don't forget about investing, because this will create your financial freedom in the future rather than saving.

[passwordnow]

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

We worked hard for it and that is why we are also the ones to be responsible of taking care of it, not anyone. And don't be moved with people trying to mock you because they're not able to get some money from you because you've been saving it for your important things. Don't be that type of person that relies on the impression of other people, we're already on 2024 and things have changed and most of us are doing things for our survival. If you're the type of person that relies sole to the words of people and you get that worry that people should say good on you, forget about that.
You only need to rely to yourself and what's going to be good for you and your family. Usually, those people that are stingy to you are the ones that didn't benefited from you or you didn't give them the favor that they're asking. It's okay, you don't live for them to live but you live for you to live and help yourself get up into a better situation. And if you're a family person, you're there for your family and not for someone else that don't have any contribution to your life.

[Yatsan]

Saving is essential however, not all people have that privilege to do so. In some places in particular with third world countries, wherein some people are only earning enough to insufficient amount on each day which makes it hard for them to save or have savings. There are just circumstances we cannot aid in an instant but the idea is there. Aside from saving there's also investments an individual could engage oneself if it is for the benefit of his/her future. The idea is growing the amount of money bigger through the years than to just let it sleep without any source of growth unless you'd put additional amount into it. At the end of the day you need to choose which would work best for you depending on the cashflow of your salary.